Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Accor : RevPAR France: an excellent end to 2022

>RevPAR +23% in December (vs 2019) in France - RevPAR France was up 23.3% in December 2022 (vs December 2019, +41% vs December 2021) according to the final data published by MKG, including stability in the occupancy rate (+0.2 points) and a marked increase in prices vs their pre-crisis level (+22.9%). December was the eighth consecutive month with RevPAR above the 2019 level, after +9% in November, +22% in October, +12% in September, +20% in August, +21% in July, +4.5...
Underlying
Accor SA

Accor is a hotel operator. Co. offers its guests and partners the expertise of a hotel operator and brand franchisor (HotelServices) and a hotel owner and investor (HotelInvest). Co. divides its activities into three segments: Luxury-upscale, Midscale and Economy. Luxury-upscale makes up 11% of Co.'s portfolio and comprises brands such as Sofitel, Pullman, MGallery, and Grand Mercure; Midscale makes up 43% of its portfolio and comprises the Novotel, Suite Novotel, Mercure and Adagio brands; and Economy makes up 46% the Co.'s portfolio, comprising the brands ibis, ibis Styles, ibis budget and hotelF1. At Dec 31 2013 Co. operated around 3,600 hotels and 460,000 rooms in 92 countries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

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